Posts

Image
  How China’s EV Boom Got Out of Control July 14, 2026 at 6:00 AM GMT+10 A fragmented market. Photographer: SeongJoon Cho/Bloomberg Takeaways  by Bloomberg AI China's electric-vehicle industry is often held up as proof that the central government successfully engineered global champions through massive subsidies. But for the likes of dominant players BYD Co., Zhejiang Geely Holding Group and Chery Automobile Co., breakthroughs came after years of decentralized experimentation and ferocious competition. That process created a fragmented market plagued by  too many players  producing too many cars — a problem that will be difficult to resolve. Nowhere is this more apparent than in Beijing’s relationship with Brussels. A year after winning a tariff war with the US, China is on the cusp of a similar conflict with the European Union.
Post a Comment
Read more
  Drone warfare rewires the west’s arms production Ukraine’s experience drives race by new generation of start-ups to reshape the weapons industry Financial Times UK 13 Jul 2026 CHARLES CLOVER AND SYLVIA PFEIFER The war in Ukraine has exposed the limits of a defence industry geared to producing small numbers of expensive weapons, as modern drone warfare demands cheaper systems that can be redesigned and manufactured in weeks. As governments race to adapt — backed by initiatives such as the UK’s £5bn drone transformation plan announced two weeks ago as part of its Defence Investment Plan — a new generation of manufacturers is emerging. Among them is UK start-up Isembard, which aims to combine precision military manufacturing with the speed and scalability of consumer electronics supply chains. The company — its name a nod to the British engineer Isambard Kingdom Brunel — is betting that the future of arms manufacturing will not resemble that of the large contractors or “defence pri...
Post a Comment
Read more
Image
  Skip to main content Skip to navigation My account Int The Guardian - Back to home The Guardian News Opinion Sport Culture Lifestyle Show more News Opinion Sport Culture Lifestyle Search input google-search Search Support us Print subscriptions Search jobs Holidays Digital Archive Guardian Licensing Live events About Us The Guardian app Video Podcasts Pictures Newsletters Today's paper Inside the Guardian Guardian Weekly Crosswords Wordiply Corrections Tips Business Economics Banking Money Markets Project Syndicate B2B Retail View image in fullscreen Chinese economy China’s graduate glut: millions of young people enter a job market with little use for them Record numbers find there is little demand for their skills, as entry-level tech roles are hit by AI and automation Alastair McCready Mon 13 Jul 2026 11.27 BST Share Prefer the Guardian on Google T his time of year is graduation season in China: traditionally a bittersweet period of solemn goodbyes and family celebrations as un...
Post a Comment
Read more